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HomeMy WebLinkAboutStreet Fund LetterJanuary 3, 2012 Mr. Josh Norton, P.E. Planning & Development Services City of College Station P.O. Box 9960 College Station, TX 77845 RE: Emerald Ridge Estates, Ltd. — Phase 1; Private Street Fund Dear Josh: At the request of Paul Leventis, I am providing the following information to establish the amount of the street maintenance reserve fund for the private roadways which will be the responsibility of the HOA of Emerald Ridge Estates, Phase 1. Based on previous private street developments, the unit cost for routine roadway maintenance falls between $750 and $1000 per year, per lane -mile of pavement. The total pavement to be maintained by the HOA is equivalent to 0.97 lane miles, say 1 lane mile. Using the most conservative number, the fund reserve needed to cover a two year period for this project should equal $ 2000.00. If you should have any questions or comments, please do not hesitate to contact me. ncerely, Sam Ve • n, P.E. Regional Manager /Project Engineer Bleyl & Associates Project Engineering & Management 1722 Broadmoor Suite 210 Bryan, TX 77802 Bryan Austin Conroe (979)- 268 -1125 (512)- 328 -7878 (936)- 441 -7833 (979)- 260 -3849 (512)- 328 -7884 Fax (936)- 760 -3833 Fax